Gautrain to complete electric bus pilot project by end-2021 . The Gautrain Management Agency (GMA) is busy with a feasibility study to investigate the possible future use of alternative drivetrains in its bus fleet, says GMA COO Tshepo Kgobe.

As part of this pr...

IDC aims to ‘catalyse’ recovery plan, but won’t go it alone as impairments bite . The Industrial Development Corporation (IDC) – which reported a R3.8-billion loss for the 2019/20 financial year, driven by a surge in impairments from R4.8-billion to R9.6-billion – has revised its in...

UCT research unit shares considerations for REIPPPP going forward . Power auctions are fast becoming the dominant procurement method for renewable energy globally, particularly in sub-Saharan Africa, but it is not without its crucial requirements for success.

Univers...

‘Great opportunity’ to tap Mpumalanga’s grid capacity for just transition – IPP Office . The extension of South Africa’s renewable energy development zones (REDZs) to areas where coal jobs are at risk, but where grid capacity is available, represents a “great opportunity” to connect new re...

BLSA implores Mboweni to prioritise revenue collection in MTBPS . In an open letter from Business Leadership South Africa (BLSA) addressed to Finance Minister Tito Mboweni, the organisation asks that the Medium Term Budget Policy Statement (MTBPS) "aggressively trim ...

Covid-19 will not affect current capex, but future projects are dependent on recovery, says Trac . The Covid-19 pandemic will not affect the rollout of the current R1.6-billion of capital projects along the N4, says Trans African Concessions (Trac) CEO Alex van Niekerk.

TRAC manages the N4 Toll Ro...

Eskom moves to appoint advisers to structure 'green' transaction . South Africa’s coal-heavy power utility is moving to appoint financial advisers to assist it in structuring a potential transaction that could unlock discounted ‘green’ funding for the debt-laden State...

Solidarity union blasts government over Denel . The Solidarity trade union has accused government Ministers of failing to support each other, as well as defence industrial group Denel, regarding the future of the financially-beleaguered State-owned ...

Finance agreement volumes and vehicle prices on the up, says TransUnion . The South African car market showed signs of resilience in the third quarter of the year as it bounced back from an all-time-low second quarter to record month-on-month increases in the number of new a...

Procurement of 11.8 GW only the ‘first step’ in full elimination of load-shedding threat – De Ruyter . State-owned power utility Eskom, which is ramping up the maintenance of its unreliable and unpredictable coal power stations, anticipates that there will be a ‘step change’ in the performance of the fl...